Sumner Redstone

Macquarie Research analysts never recommended owning Viacom, Inc. (NASDAQ: VIAB)'s stock, but the firm is taking a "tougher stance" against the company in 2018 — and the entire ad-supported media sector.
The Analyst
Macquarie Research's Tim Nollen downgraded Viacom ...

Redstone-family-controlled National Amusements announced its decision to end efforts to merge Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS). “It is now apparent that Shari Redstone (and many investors) are impressed with new CEO Bob Bakish,” Wunderlich’s Matthew...

Investors hoping for a merger between CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) were likely disappointed on Monday following reports that the merger talks have ended.
Sumner Redstone and his daughter Shari Redstone control National Amusements, a holding company that owns a...

Veterans are known for their discipline, efficiency and crisis management. Therefore, it logically follows that corporations give them top posts, incorporating those qualities in their organizations and business models.
Another key reason for hiring veterans for CEO positions is they tend to make...

Shari Redstone, daughter of the ailing 93-year-old Sumner Redstone, is now in control of her father's media empire, Viacom, Inc. (NASDAQ: VIA) (NASDAQ: VIAB) and will soon need to decide how to proceed.
According to a report by Bloomberg, Shari Redstone is considering a move to recombine Viacom...

David W. Miller, Managing Director of Loop Capital Markets, discussed in a report Friday the likelihood sale of minority stake of Viacom, Inc.'s (NASDAQ: VIAB) Paramount Pictures unit.
Viacom said in late February it's looking into selling a minority stake in Paramount, but part of any...

Sumner Redstone's plan to change five board members at Viacom, Inc. (NASDAQ: VIAB) has been put on hold by the Delaware Court. Until the mental competency of 93-year-old Redstone is determined, any decisions regarding the makeup of the board will be postponed, according to a Wall Street Journal...

Wunderlich’s Matthew Harrigan believes the expected ouster of five of Viacom, Inc.’s (NASDAQ: VIAB) board members, including CEO Phillippe Dauman, by controlling shareholder Sumner Redstone is likely to be accepted in the Delaware Courts.
Harrigan maintains a Buy rating on the company, with a price...